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| 2 | What Is a Catch-Up Contribution (CUC)? …any elective deferral made by an eligible participant that is in excess of statutory limit, employer-imposed plan limit, or any limit applied in order for the plan to satisfy the ADP nondiscrimination test for the year

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| 3 | Who is Eligible to Make a CUC? Those 50 years of age and older this calendar year…however, regular plan contributions must reach annual deferral limit or annual ADP for Highly Compensated Employees (HCEs)

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| 4 | How Can I Make a CUC? Choose a deferral rate large enough to guarantee $22,000 throughout the year. HCEs may have a lower limit due to ADP testing restrictions.

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| 5 | Do the CUCs Have to be Made from Payroll Deduction? Yes. CUC must be paid by payroll deduction.

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| 6 | Does Employer Have to Match CUCs? No. Your Employer does not have to match.

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| 7 | Do I have to List Separately on W-2? No. The IRS has indicated that regular and catch- up contributions can be reported together on W-2 forms.

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| 8 | How are CUCs treated for Hardships and/or Loans? CUCs to a plan are treated for plan purposes as any pre-tax contribution would be. For example: CUCs would be 100% vested immediately, and treated as any other elective deferral when calculating available balances for loans

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We hope you found this information helpful. Your Retirement Service Center